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  • October 31, 2014
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  1. Cathay hikes salaries on strong performance

    Posted Nov 17th 2010, 12:00am by Danny Mok

    ... Danny Mok Cathay Pacific said its Hong Kong staff will receive an average pay increase of 4 to 4.5 per cent due to its continued strong performance this year. They will also receive a discretionary bonus in December and can expect to receive a profit shar ...

  2. No rise in Towngas tariff as profit beats forecast

    Posted Mar 20th 2012, 12:00am

    ... Shau-kee. Hong Kong Electric, Hong Kong Island's power supplier, was forced to cut its price hike this year to 6.3 per cent from a proposed 8 per cent amid public outrage, while CLP Power, the power supplier for Kowloon and the New Territories, reduced its price hike from a proposed 9.2 per cent to 4.7 per cent. Towngas yesterday posted net earnings of HK$6.15 billion for last year, ...

  3. Flood of cash sweeps Hang Seng to new high on record turnover

    Posted Sep 25th 2007, 12:00am by Staff Reporter

    ... Henderson Land chairman Lee Shau-kee says the HSI could reach as high as 30,000 by Lunar New Year. Observers expect the market to remain relatively stable. 'As long as China doesn't hike interest rates too much and we get a steady consumer price index number for the next several months, the cash will continue to stay in the market,' Mr Tat said. 'But if they hike it too ...

  4. Fuel rate cut eases pressure on large mainland refiners

    Posted Jun 09th 2012, 12:00am

    ... hikes. Beijing has indicated repeatedly- including in Premier Wen Jiabao's annual government work report in March this year- that it would strive to roll out further fine-tuning ...

  5. CLP's Australia spin-off nears 'beauty contest'

    Posted Feb 28th 2012, 12:00am

    ... in 2008- would lead to an average 40 per cent increase in fuel costs annually to 2015 and increase pressure for tariff hikes. CLP shares dropped 30 HK cents to HK$66.15 yesterday after the results ...

  6. Sinopec stays firm on China Gas buying price

    Posted Mar 27th 2012, 12:00am

    ... to actions by Beijing to tame inflation. This was offset by a 52 per cent jump in profit in oil and gas production, a 45 per cent profit rise in fuel distribution and a 78 per cent hike in profit ...

  7. Lai See

    Posted Feb 29th 2012, 12:00am

    ... Congratulations are in order to those who participated in the 20th anniversary Hike for Hospice over the weekend which raised more than HK2 million. The event is organised by the Society for the Promotion ...

  8. Rumour mill works overtime on seat filling at the SFC

    Posted Jan 18th 2005, 12:00am by Enoch Yiu

    ... and chief executive of New York Life Insurance in Hong Kong. A different hike for yam Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong seldom appears in this column but we finally found room for him. White Collar hears Mr Yam will join the Green Power Hike on February 19 to raise funds for environmental protection. The 12th annual event, and the fourth to be joined by Mr ...

  9. TIME for caution

    Posted Dec 23rd 2011, 12:00am

    ... Kenneth Ko In stark contrast to the buoyancy at the start of the year, Hong Kong's red-hot residential market draws to a close with extreme caution as sales slump and prices fall. The decline in sales comes amid growing concerns about policy risks, availability of credit and mortgage rate hikes. The punitive special stamp duty of up to 15 per cent on homes bought and resold ...

  10. State banks 'awash with funds'

    Posted Jan 11th 2007, 12:00am by Cary Huang

    ... in reserve requirement ratios would be in dealing with the situation. 'Each hike in the reserve requirement ratio by the central bank will only freeze as much as China's net foreign ...




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